Daily News

Source: BNN Bloomberg June 21, 2024

Brookfield Business Partners slips as hack hits car dealers

Brookfield Business Partners LP had its worst trading day since October after one of its top investments, a software provider for car dealerships, fell victim to a cyberattack.  Canadian-listed shares of the Toronto-based private equity firm closed down 5....

Market Call Source: BNN Bloomberg June 21, 2024

Colin Cieszynski's Top Picks: June 20, 2024

Colin Cieszynski, chief market strategist, SIA Wealth Management Focus: Technical analysis, Canadian, U.S. stocks  MARKET OUTLOOK: North American markets have continued to rally into June, with the S&P 500 Index and the Nasdaq Composite reaching ne...

Source: BNN Bloomberg June 21, 2024

Markets today: U.S. stocks show signs of buyer exhaustion after rally

Stocks retreated after a rally to all-time highs spurred calls for a near-term pullback amid signs of buyer fatigue. The S&P 500 briefly topped 5,500 before losing traction — while still remaining above a technical threshold that typically hints at an over...

Source: BNN Bloomberg June 21, 2024

S&P poised to reach 6,000 this year before big drop, Stifel says

The S&P 500 Index could rally close to an additional 10 per cent this year, if past market manias are any guide, according to Stifel, Nicolaus & Co. But like prior “bubble” episodes, this one eventually has to pop too, the firm’s chief equity strategist says....

Source: Financialpost June 21, 2024

Flavio Volpe: Cheap Chinese EVs come at a high cost

Opinion: Ottawa yet to respond to threat posed by BeijingAsk yourself this: “Why are they so cheap? Does it make sense?” We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Flavio...

Source: Financialpost June 21, 2024

Foreign student clampdown on track to halve arrivals to Canada

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by Workday Workday The country is expected to see a...

Source: Financialpost June 21, 2024

What the capital gains tax changes mean to you

Watch tax expert Jamie Golombek on what Canadians can expect when the tax inclusion rate rises next weekReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through l...

Source: Financialpost June 21, 2024

Posthaste: More Canadians say they'll take a capital gains tax hit than Ottawa thinks

One in five say tax change will cost them more over the next five years, poll finds We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: More Canadians say they'll take a...

Work Source: Financialpost June 21, 2024

'The Big Stay': Canadians are switching jobs less often as economic concerns deepen

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by Workday Workday 77% of Canadian professionals say...

Source: BNN Bloomberg June 20, 2024

Markets today: European stocks struggle to build on U.S. tech rally

(Bloomberg) -- European stocks and U.S. equity futures paused Wednesday as traders sought fresh catalysts to extend the latest tech-driven gains.   Contracts on the S&P 500 were steady in holiday-thinned trade, after the index hit its 31st record high of 2...